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cisco on big economy is not of major concern. the concern is to redeploy the talent as quickly as possible. >> market research firm glacier and company made headlines today with with this report. it predicts cisco global work force of more than 73,000 will be cut by 5000. 1,000 positions early retirement packages and another 4000 through layoffs. saving the company a total of 1 billion dollars a year. glacier analyst brian marshall says while it's a difficult decision to make in our view it is required in order to maintain the competitiveness of cisco going forward. company ceo john chambers already taking notable steps this year to restructure the networking giant. video cam operation are gone. consumer business realign and management forces are being reorganized. if the latest round of local layoffs goes above 1,000, it could have an impact on county wide unemployment numbers. >> combine this lay off with the the city and county lay off that have happened recently. i mean, tl those were good solid jobs and if they go away, officials cisco dominant player in network sw
men. >> he was on the top deck when he heard noise and saw a big wave coming and ran down to the cabin and woke everybody up. by the time everybody came out they were already in nine feet of water. there should be a tremendous chance of opportunity to survive past the 96 hours. that is how we got them to sin continue to search. >> reporter: there is continued confusion about whether the fishing boat captain was arrested today. families say they hear he was for operating without a license and that he was warned the night before not to go out. the mexican embassy, however, says it has no confirmation that that is true. yi says he has a meeting with the mexican consultate tomorrow to firm up the agreements on continuing the search. in the newsroom, heather ishimaru, abc 7 news. >>> major changes coming to the oakland police department. complete overhaul is underway. the chief announced a top to bottom reorganization as a way to stretch a tight budget. as cecilia vega reports, residents will notice the changes. >> there will be more officers in high crime east oakland and more walking the
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